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john boehner said he outlined a framework that is consistent with the president's call for a balanced approach of both higher revenue and spending cuts. >> our challenge is to make sure that you know we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the people's business. >> while we are going to continue to have revenue on the table it is incumbent for my colleagues to show the american people we are serious about cutting spending and solving our fiscal dilemma, i believe we can do this and avert the fiscal cliff that is right in front of us today. >> the president began the meeting on a chordal note, wishing speaker boehner, shaking his hand, a happy birthday. >>> an oil rig exploded in the gulf of mexico 25 southeast of grand isle, louisiana. two crew members are missing and four injured. the fire that followed the explosion has been extinguished. the rigbylongs to black elk energy, an independent oil and gas company headquartered in houston. >>> a texas rail crossing where a train hit a parade float y
john boehner said he outlined a framework that is consistent with the president's call for a balanced approach of both higher revenue and spending cuts. >> our challenge is to make sure that you know we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the people's business. >> while we are going to continue to have revenue on the table it is incumbent for my colleagues to show the american people we are...
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what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these bounces. >> what a significant pop seeing in the stock market, guys. throw up the dow industrials on an intraday. in fact, throw up all three intraday charts because you're going to see quite a dramatic reversal. the dow industrials up 48 points. highs of the day, again, down 50 to 60 points or so as the wraps wrapping up and positive comments of the leaders in the room with the president today. unless you have a rally on wall street and let's get to washington to the north lawn of the white house where john harwood is. this seemed to go as well as one could hope thus far, at least. >> reporter: i thin
what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these...
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can john boehner control the tea party? can mitch mcconnell protect his right flank? thank you very much. >> by the way, he's got to, i guess. he's got an election coming up himself. >> and he had a tough re-election. remember, he had to run six years ago right after the auto bailouts, had a tougher election than he wanted. >>> still ahead, new jersey governor chris christie joins the set. also actor bradley cooper will be here. next, senator saxby chambliss and andrea mitchell. you're watching "morning joe" brewed by starbucks. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. ♪ i seen your picture ♪ your name in lights above it >>> 26 past the hour. a live look at the white house. joining us now from washington, nbc chief foreign affairs correspondent and host of "andrea mitchell reports," andre
can john boehner control the tea party? can mitch mcconnell protect his right flank? thank you very much. >> by the way, he's got to, i guess. he's got an election coming up himself. >> and he had a tough re-election. remember, he had to run six years ago right after the auto bailouts, had a tougher election than he wanted. >>> still ahead, new jersey governor chris christie joins the set. also actor bradley cooper will be here. next, senator saxby chambliss and andrea...
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. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. the goal would be to set specific targets now for savings from those reforms. that would negate the need for steep spending cuts congress called for last year that are set to kick in on january 1, the same day the bush tax cuts are set to expire. that damaging combo has been come to be known as the fiscal cliff. while democrats often balling at any mention of entitlement reform, today nancy pelosi signaled a new openness. >> do we want to have savings from everything that we do? certainly? so we need revenue, we need savings, we need growth. >> reporter: leader pelosi said there appeared to be interest in a big deal, about four trillion dollars worth of deficit redictions along the lines of the grand bargain that fell apart wean the president and speaker boehner last year, anthony. >> mason: nancy, there are just 46 days until the new year. what can they really hope to accomplish in that time?
. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. the goal would be to set specific targets now for savings from those reforms. that would negate the need for steep spending cuts congress called for last year that are set to kick in on january 1, the same day the bush tax cuts are set to expire. that damaging combo has been come to be known as...
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john boehner did offer framework. the framework would have tax and entitlement targets, revenue targets, spending targets, that this year in the next couple months. congress would work out the details in 2013. both leaders from both parties and both houses say it is time to get to work. >> we will continue to have revenue on the table. we are serious. we are serious about cutting spending and solving our fiscal problems. >> we will do it now. we feel very comfortable with each other. this is not something we will wait until the last day of december to get it done. rich: they met for a little longer than an hour here at the white house. much of the talk was positive. there really is not anything close to specifics right now coming from anyone in all of this. here he read and nancy pelosi really did not mention entitlement at all. rich o'connell highlighted the fact that his conference in the senate believes that this country does not have a taxing problem, it has a spending problem. there are still two very different b
john boehner did offer framework. the framework would have tax and entitlement targets, revenue targets, spending targets, that this year in the next couple months. congress would work out the details in 2013. both leaders from both parties and both houses say it is time to get to work. >> we will continue to have revenue on the table. we are serious. we are serious about cutting spending and solving our fiscal problems. >> we will do it now. we feel very comfortable with each...
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the talks begin today with president obama only the first face-to-face talks with joan boehner. he is hosting minority leader nancy pelosi. harry reid and minority lead mitch mcconnell. he leaves for asia tomorrow and members of congress will be taking a break on the monday after thanksgiving. it will be a key day to watch. meantime, speaking of the budget government's mortgage insurance agency, they say defaults on loan during the housing bubble has resulted in more than $16 billion annual deficit. lease see how stocks are going on. pretty quiet until we get some indication what is going on in washington. we're lower across the board but just barely. bloomberg down half percent. >> what do you do with thanksgiving leftovers. they say $282 million worth of turkey will end up in the trash. wasting the food but also $105 billion of water and greenhouse gas emissions that go into getting that turkey to your table. an estimated $165 billion worth of uneaten food every year. i'm jane king. >> eric: thank you very much. >> kristen: what happened to those turkey sandwiches. >>> that is
the talks begin today with president obama only the first face-to-face talks with joan boehner. he is hosting minority leader nancy pelosi. harry reid and minority lead mitch mcconnell. he leaves for asia tomorrow and members of congress will be taking a break on the monday after thanksgiving. it will be a key day to watch. meantime, speaking of the budget government's mortgage insurance agency, they say defaults on loan during the housing bubble has resulted in more than $16 billion annual...
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. >> is that the big onus on john boehner? >> i think it is the onus on all of the negotiators. it's all of them at this point. because that's where the spotlight is. yeah. it's going to be quite a task. we saw that when this happened the last time. it's going to come right up to the line. i think we might be here late december. >> the drama will take us through the end of the year. our power panel, jackie kucinich, blake, robert, thanks to all three of you. >>> up next i'll talk with someone who was in this morning's closed door hearing with general petraeus, republican congressman tom rooney will join the show. what do you think about today's testimony? tweet me your comments at thomas a. roberts. we're back after this. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. and you learned something along the way. this is the age of knowing what you're made of. so, why let
. >> is that the big onus on john boehner? >> i think it is the onus on all of the negotiators. it's all of them at this point. because that's where the spotlight is. yeah. it's going to be quite a task. we saw that when this happened the last time. it's going to come right up to the line. i think we might be here late december. >> the drama will take us through the end of the year. our power panel, jackie kucinich, blake, robert, thanks to all three of you. >>> up...
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not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. jon: a fox news alert now on a deadly train crash at a parade honoring our nation's heroes. the images from midland, texas, where police say a freight train slammed into a parade float carrying wounded veterans. four people were killed. more than a dozen others injured. casey seeing fell live in midland, texas, with more on this tragedy. casey? >> reporter: yeah, jon, union pacific railroad spo
not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it...
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i missed some of the comments that john boehner made. let me give you a quick summary of the highlights here, and let's call them highlights because finally kumbaya. hope it lasts. the senate majority leader harry reid suggested both of us, we're both going to have to give up what we want and call this the cornerstone of working something out. that sounds good. then nancy pelosi, the house minority leader, saying that this has to be about cuts. this has to be about revenue. this has to be about growth and that she is confident a solution is in sight. sounds good, too. and then the house minority leader or rather the minority leader mitch mcconnell also suggesting that this was a constructive meeting and that we are prepared to put revenue on the table. they just emerged from the meeting. looked like they were going right back in. maybe they were going to have lunch. i don't know. they sure deserve it if they're able to come to rhetoric like that any any case. take to you break for a moment and hopefully i can scramble up wolf blitzer. gi
i missed some of the comments that john boehner made. let me give you a quick summary of the highlights here, and let's call them highlights because finally kumbaya. hope it lasts. the senate majority leader harry reid suggested both of us, we're both going to have to give up what we want and call this the cornerstone of working something out. that sounds good. then nancy pelosi, the house minority leader, saying that this has to be about cuts. this has to be about revenue. this has to be about...
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president obama and john boehner almost got a deal in 2011. that's a place to pick up the discussions and i think you saw the president econfident there just winning the election there and house republicans back in the majority in the house and that's the dance to the finish line and i think they will. >> politico talked about whether or not the white house has learned its lesson in going into a room, a bunker, with the speaker, since it didn't work out the way they wanted last time around. do you think the president will be as involved or can he hand this off to someone else to negotiate? >> i think he'll be as involved. i think he'll be involved inside the room and outside of the room. the strategic turn the president made in fall of 2011 after the failure of the talks, he took the case to the public. i don't think he'll stop doing that. he'll try to keep the pressure on say i got mandate to raise taxes for people at the top. if you are willing to accept that, we'll get a deal. >> there code words you'll look for afterwards to see whether or
president obama and john boehner almost got a deal in 2011. that's a place to pick up the discussions and i think you saw the president econfident there just winning the election there and house republicans back in the majority in the house and that's the dance to the finish line and i think they will. >> politico talked about whether or not the white house has learned its lesson in going into a room, a bunker, with the speaker, since it didn't work out the way they wanted last time...
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. >> john boehner, he has a waxy quality. >> reporter: now, madame tussauds wax museum says stephen colbert will be on permanent display. but the media worries that global warning will steve the stephen colbert figure melted on the floor. >>> prescription for success tonight. a new book out called life code, the new rules for winning in the new world. dr. phil spoke about his inspiration on 9 news at noon today. >> from time to time, i get people coming at me and my family, trying to exploit us, trying to use us, trying to abuse us. and then i thought, you know what? i'm going to look at the pattern and see if there's a consistency here of who it is that comes after us, are there commonalities among these people and commonalities among what they do. and i was overwhelmed when i looked at all of the people over the years, how common they were in terms of their characteristics and their tactics, what they did. >> don't forget, you can watch dr. phil every day here at 4 p.m., right before 9 news at 5. >>> coming up, why the lead singer of poison was at an area store today. >>> up next, an exhi
. >> john boehner, he has a waxy quality. >> reporter: now, madame tussauds wax museum says stephen colbert will be on permanent display. but the media worries that global warning will steve the stephen colbert figure melted on the floor. >>> prescription for success tonight. a new book out called life code, the new rules for winning in the new world. dr. phil spoke about his inspiration on 9 news at noon today. >> from time to time, i get people coming at me and my...
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dagen: john boehner speaking outside the white house flings by senator harry reid. listen to him. >> our meeting today, what the president called for a fair and balanced approach to show our seriousness we put revenue on the table as long as it is the company for significant spending cuts and we are going to continue the revenue on the table, over my colleagues to show the american people we are serious about cutting spending, solving our fiscal -- i believe we can do this and other the fiscal cliff that is right in front of us today. >> this isn't the first time we have dealt with these issues. we feel we understand what the problem is and we felt very good about what we were able to talk about. we have the cornerstones of being able to work something out. we are both having to give up some of the things we know are a problem and so it is like the point where we all know something has to be done, no other time than to do it now. we feel comfortable with each % other and something we will wait until the last day of december to get done. we will move forward on it an
dagen: john boehner speaking outside the white house flings by senator harry reid. listen to him. >> our meeting today, what the president called for a fair and balanced approach to show our seriousness we put revenue on the table as long as it is the company for significant spending cuts and we are going to continue the revenue on the table, over my colleagues to show the american people we are serious about cutting spending, solving our fiscal -- i believe we can do this and other the...
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by the way, boehner's word to gohmert after the vote, "louie, i love you too." >>> finally this one. after the election we heard certain ceos were threatening to fire employees if president obama won the election. some are going through with it. robert murray, ceo of the coal company that ordered employees to attend a rally with mitt romney, laid off 156 employees the day after the election. nice guy. john schneider, ceo of papa john's pizza chain, says he will be cutting employee hours to avoid costs associated with obama care. finally, john metz, ceo of several denny's franchises, says he will add a 5% surcharge to customers' bills to offset the cost of obama care. you don't want to pay extra, he suggests you simply tip the server less to offset the cost. what a sweetheart. >>> up next, new information on the affair that brought down cia director david petraeus. you're watching "hardball," the place for politics. now back to "hardball." >>> back to "hardball." we now know the identity of that fbi agent, that tampa socialite jill kelley reached out to after receiving suspicious e-ma
by the way, boehner's word to gohmert after the vote, "louie, i love you too." >>> finally this one. after the election we heard certain ceos were threatening to fire employees if president obama won the election. some are going through with it. robert murray, ceo of the coal company that ordered employees to attend a rally with mitt romney, laid off 156 employees the day after the election. nice guy. john schneider, ceo of papa john's pizza chain, says he will be cutting...
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house speaker john boehner. >> i outlined a framework that deals with reforming our tax code and reforming our spending. i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> of course, the interview that we had, carl quintanilla and i had on "squawk on the street" with senator kent conrad, the outgoing chairman of the senate budget committee, suggested a potential compromise on how to get top end tax increases. conrad said it's possible to get the amount of revenue you need. if you keep the top rate at 35%, raise cap gains and dividend rates and cut deductions for the top end. no sign that's going to be embraced in the end but at least it shows there's some bargaining room and space for these two parties to come together, brian. >> john harwood, thank you very much. i'm sure we'll see much more of you from the white house over the next couple of days. maybe even weeks, john. thanks very much. >>> so what exactly is big business' role in all of this? john engler, president of the business roundtable
house speaker john boehner. >> i outlined a framework that deals with reforming our tax code and reforming our spending. i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> of course, the interview that we had, carl quintanilla and i had on "squawk on the street" with senator kent conrad, the outgoing chairman of the senate budget committee, suggested a potential compromise on how...
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that could be a negotiating ploy by speaker boehner and the republicans to says look, we have been very reasonable, we put revenues on the table right from the start. if this falls apart it is all on the democrats. that is not a bad negotiating point. it is way too soon-to-be optimistic. ultimately they will avoid the cliff but we do not have good reason today to believe it will happen soon. >>trace: good to see you. chris anchors fox news sunday this week and will talk of the ongoing investigation into the attack in libya with vice chairman of the senate intelligence committee and chairman of the senate homeland committee joe lieberman and the future of the g.o.p. with louisiana governor jindal and wisconsin governor caught walker this weekend on "fox news sunday." now, one of the areas that super storm sandy devastated and police in new york say they are concerned that looting could become a big problem. rick got to fly with cops who are taking measure to keep folks from becoming victims for a second time. he joins us live with the details from queens. how big of a problem is this? ri
that could be a negotiating ploy by speaker boehner and the republicans to says look, we have been very reasonable, we put revenues on the table right from the start. if this falls apart it is all on the democrats. that is not a bad negotiating point. it is way too soon-to-be optimistic. ultimately they will avoid the cliff but we do not have good reason today to believe it will happen soon. >>trace: good to see you. chris anchors fox news sunday this week and will talk of the ongoing...
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seen incredible interest and openness to putting in place a deal, both from president obama and leader boehner, and a number of members of congress. >> an aide to senator majority leader harry reid told fox news, the democrats are open to various tax loopholes only if the republicans agree first to raise taxes on those making $250,000 or higher. sound familiar, chris. >> does a bit. thanks from the white house. president obama won reelection on a promise to raise taxes on high earners as a plan to raise our massive debt. republicans say they agree with the goal, but want to do it a different way than the president. jim angle tonight on their alternative. >> president obama wants to take money from wealthy taxpayers, republicans say they're willing to raise revenues, but not tax rates. and that leaves ample middle ground that could satisfy both, putting a cap on the amount of deductions any one person could claim, such as $50,000. >> that means the maximum number of deductions you can take is $50,000, you can take it for anything you want, but you can't take more than 50,000. >> the tax policy
seen incredible interest and openness to putting in place a deal, both from president obama and leader boehner, and a number of members of congress. >> an aide to senator majority leader harry reid told fox news, the democrats are open to various tax loopholes only if the republicans agree first to raise taxes on those making $250,000 or higher. sound familiar, chris. >> does a bit. thanks from the white house. president obama won reelection on a promise to raise taxes on high...
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>> yeah, from boehner i am. the president has now painted himself -- painted those guys in to -- how many times has he drawn a line in the sand about that high right on 250. he's made a point and he can't possibly go back on that now, can he? >> i think he can. look, i think he's drawing a line on getting money from those people, there people making 250 and above. but he hasn't drawn a line on how he gets that money. he's said at his news conference i'm skeptical that you can do enough in loopholes and exclusions to get the money that we need for a deal from that group. but he also said i'm open to new ideas. so if there is in fact an effort to close some loopholes that gets you some of the way there, you can certainly see the president, i could anyway, compromising somewhere between 35 and 39.6 on a slightly higher rate. if shall be caomebody came up w source of revenue which didn't change the distribution of the tax burden, figure out a way to do it without a top rate. i kind of expect what's going to happen i
>> yeah, from boehner i am. the president has now painted himself -- painted those guys in to -- how many times has he drawn a line in the sand about that high right on 250. he's made a point and he can't possibly go back on that now, can he? >> i think he can. look, i think he's drawing a line on getting money from those people, there people making 250 and above. but he hasn't drawn a line on how he gets that money. he's said at his news conference i'm skeptical that you can do...
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you would see mitch mcconnell and john boehner's people sort of drawing their lines in the sand. that's not really happening even though that is sort of by far much sort of bigger story as far as what's going to happen in the country. as far as -- and priority list for both the white house and congress. >> do you think they also get that at the white house? that as long as -- as much as they may be getting hurt or not by the islamist people are talking about benghazi, it enables some room for the white house to get involved in the negotiations as well. >> it allows them to negotiate this without sort of a spotlight on fiscal cliff story which is -- you know, a story that has about six weeks left in it before some -- before taxes go up on everyone and significant spending cuts happen across the country. not just the military. >> you've been covering the hill for awhile in addition to the campaigns. do you get the sense that this will be the time when they say okay, they've reached some agreement on the tax out on the revenue side and republicans eat it a little bit. for people mak
you would see mitch mcconnell and john boehner's people sort of drawing their lines in the sand. that's not really happening even though that is sort of by far much sort of bigger story as far as what's going to happen in the country. as far as -- and priority list for both the white house and congress. >> do you think they also get that at the white house? that as long as -- as much as they may be getting hurt or not by the islamist people are talking about benghazi, it enables some room...
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the caucus urges you to join speaker boehner today in the rayburn room at 11:00 a.m. as he honors dr. james billington and his exemplary quarter century of leadership at the library of congress. the speaker pro tempore: for what purpose does the gentleman from new jersey rise? the gentleman is recognized for one minute. >> madam speaker, i rise to congratulate mr. wade martin of montgomery township, new jersey, for being awarded the 2012 land trust alliances prestigious national conservation service award for his significant contributions to the advancement of land conservation. mr. lance: using his position as financial advisor, mr. martin is educating his clients to the benefits of land preservation. his provided land trust and owners across new jersey for the benefit of land conservation. wade martin has taken his innovative land model nationwide to other financial advisors and their clients explore various options in preserving their land and their families' legacies, increasing the pace of land conservation. i ask all of my colleagues to join me in honoring wade
the caucus urges you to join speaker boehner today in the rayburn room at 11:00 a.m. as he honors dr. james billington and his exemplary quarter century of leadership at the library of congress. the speaker pro tempore: for what purpose does the gentleman from new jersey rise? the gentleman is recognized for one minute. >> madam speaker, i rise to congratulate mr. wade martin of montgomery township, new jersey, for being awarded the 2012 land trust alliances prestigious national...